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1-7/8% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for May 2006

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            Series C-2013
CUSIP NUMBER:                           912828BD1
DATED DATE:                             July 15, 2003
ORIGINAL ISSUE DATE:                    July 15, 2003
ADDITIONAL ISSUE DATE:                  October 15, 2003
MATURITY DATE:                          July 15, 2013
Ref CPI on DATED DATE:                  183.66452
TABLE FOR MONTH OF:                     May 2006
NUMBER OF DAYS IN MONTH:                31

CPI-U (NSA) January 2006                198.3
CPI-U (NSA) February 2006               198.7
CPI-U (NSA) March 2006                  199.8

Month   Calendar Day    Year    Ref CPI       Index Ratio

May             1       2006    198.70000       1.08186
May             2       2006    198.73548       1.08206
May             3       2006    198.77097       1.08225
May             4       2006    198.80645       1.08244
May             5       2006    198.84194       1.08264
May             6       2006    198.87742       1.08283
May             7       2006    198.91290       1.08302
May             8       2006    198.94839       1.08322
May             9       2006    198.98387       1.08341
May             10      2006    199.01935       1.08360
May             11      2006    199.05484       1.08380
May             12      2006    199.09032       1.08399
May             13      2006    199.12581       1.08418
May             14      2006    199.16129       1.08438
May             15      2006    199.19677       1.08457
May             16      2006    199.23226       1.08476
May             17      2006    199.26774       1.08496
May             18      2006    199.30323       1.08515
May             19      2006    199.33871       1.08534
May             20      2006    199.37419       1.08553
May             21      2006    199.40968       1.08573
May             22      2006    199.44516       1.08592
May             23      2006    199.48065       1.08611
May             24      2006    199.51613       1.08631
May             25      2006    199.55161       1.08650
May             26      2006    199.58710       1.08669
May             27      2006    199.62258       1.08689
May             28      2006    199.65806       1.08708
May             29      2006    199.69355       1.08727
May             30      2006    199.72903       1.08747
May             31      2006    199.76452       1.08766